BNM continues to support MSMEs under Budget 2024

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KUALA LUMPUR: A total of RM600 million from selected facilities under Bank Negara Malaysia’s fund for small and medium enterprises has been earmarked ...

: A total of RM600 million from selected facilities under Bank Negara Malaysia’s fund for small and medium enterprises has been earmarked for four target segments, Bank Negara Malaysia said.

“The four target segments are a RM200 million increase in allocation for the micro-enterprises facility, RM200 million under the all economic sectors facility, and RM100 million each under the agro-food facility and the low carbon transition facility, respectively,” it said in a statement today. Meanwhile, it said overall, about RM8.4 billion is still available for MSMEs across all financing facilities under the BNM’s fund for SMEs.

 

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